BTC For another bounce from the lows, price first needs to reclaim this LTF resistance zone. Since Thursday, BTC has been consolidating below this area, aside from the short-term rally triggered by the CPI release. If price manages to break back above this zone and hold it as support, I believe a retest of the key range S/R level around $78.7K becomes likely. That area would also line up with a 50% fill of the CPI wick and a retracement into the Golden Pocket of the move lower. The monthly open is sitting there as well, which adds another important confluence. If this scenario plays out and BTC trades back into that area, I would consider looking for shorts, as several bearish confluences would be lining up at the same level.(Max Trades)